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Why is Trump throwing money at the Argentine peso?

Why is Trump throwing money at the Argentine peso?

Marketplace

October 22, 202525m 25s

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Show Notes

The U.S. just agreed to spend $20 billion on a currency exchange with Argentina. The hope? To put a lid on inflation before Javier Milei, an ally of President Trump, is up for re-election. How does that work? What’s in it for the U.S.? Later in this episode: AI firms juice the stock market, an economist explains Trump’s flavor of state capitalism, and sports betting sites push the boundary between state and federal regulation.


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